Latest / Washington Post / 5.12.26
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- 0:00Speaker 1: Welcome to the reading of the Washington Post for Tuesdays,
- 0:04May twelfth, twenty twenty six. As a reminder, Radio I
- 0:08is a reading service intended for people who are blind
- 0:11or have other disabilities that make it difficult to read.
- 0:14Printed in serial. Your reader for today is Cindy Fraser.
- 0:18Today's frontage headlines from the Washington Post are Virginia Democrats
- 0:24aren't done. Emergency appeal made to Supreme Court in hope
- 0:28of saving re drawn maps. Next, Our voice shouldn't get diluted.
- 0:34GOP redistricting split the Latino community in central Florida, angering
- 0:40both sides of the isle. Next, a turf battle over
- 0:44AI control quote knife fight, split's administration. Spy agencies vie
- 0:51for more sway than commerce. Next, Trump seeks to suspend
- 0:56gas tax amid soaring prices. Headline as US weapon stocks dwindle,
- 1:03Allies take note. Europeans worry about the Iran's war's impact
- 1:08on the program to army Ukraine. The final headline from
- 1:11today's tron page reads new Target CEO tries to bring
- 1:16back its retail magic. In addition, on the front page,
- 1:20there is a photo caption Isolated love passengers of the
- 1:24hant of Irish stricken cruise ship and VI Hondia's gesture
- 1:28from a military bus at a port in Tenerwif in
- 1:31Spain's Canary Islands on their way to flights back home
- 1:34to their home countries. The photo shows several individuals through
- 1:40a window. Individual in the center of the photo is
- 1:43holding his hands in a heart shape above his head.
- 1:46Now like to turn to the first item from today's frontage,
- 1:49entitled Virginia Democrats aren't done with five emergency appeal made
- 1:54to Supreme Court in hope of saving read on map
- 1:58by Gregory S. Schneider and Tail Armis, Virginia Democrats filed
- 2:03an emergency appeal to the US Supreme Court on Monday
- 2:07in a last ditch attempt to save redrawn congressional maps
- 2:10that could send four extra Democrats to the US House,
- 2:14arguing that the state's high court improperly overturned a redistricting
- 2:19referendum last week. But some top Democrats expressed little hope
- 2:23that the appeal will affect this November's congressional mid terms
- 2:27and are pivoting to waging campaigns in the state's existing districts.
- 2:32In an interview, state Senate majority leader Scott Sorrovell, Democrats
- 2:36from Fairfax, said the practical realities of our election calendar
- 2:40will prevent candidates from running in new maps, even if
- 2:44conservative justices on the u. S. Supreme Court were open
- 2:47to helping Virginia Democrats. Tuesday is the deadline set by
- 2:52state elections officials for putting the ballot mechanisms in place.
- 2:56Sirrevell noted that Virginia's election software is adseequated and overdue
- 3:01for replacement. Instead, Democrats are making the case that it's
- 3:06time to work with the cards they have in hand.
- 3:09Since we can't control anything other than mobilizing and organizing,
- 3:13let's mobilize and organize and turn our anger into fuel
- 3:17for that. Representative Jennifer McClelland, Democrat from Virginia said the
- 3:23Supreme Court of Virginia last week overturned the state referendum
- 3:27by which a slim majority of voters in April approved
- 3:30drawing new congressional boundaries. The Court's decision was a big
- 3:35win for President Donald Trump in his efforts to hold
- 3:38on to a slim GOP majority in the House this fall.
- 3:42Republican led states are continuing to add red leading districts.
- 3:47Even as Virginia's bid to fly back was thwarted, Virginia
- 3:51Democrats have shut the door on an idea floated over
- 3:54the weekend to remove members of the Supreme Court of
- 3:57Virginia by quickly lowering the mandatory rett time and age
- 4:00and packing it with favorable justices for another swing at redistricting. No.
- 4:06Governor Abigail Stanberger, a Democrat, replied Monday afternoon when asked
- 4:11whether she supported such a move as she left a
- 4:14bill siding event. We're not talking about it. It's not serious,
- 4:19Suravel said in an interview. Democrats, who threw more than
- 4:23sixty four million dollars and massive amounts of political capital
- 4:27into the hasty campaign in Virginia, have scrambled over the
- 4:31past few days to regroup. The court packing idea, first
- 4:36reported by The New York Times, came up Saturday during
- 4:39the call between House Minority Leader Jakim Jeffreys, Democrats from
- 4:43New York, and Democratic members of Virginia's congressional delegation. Two
- 4:48people with knowledge of the call, who spoke of the
- 4:51condition of anonymity to discuss a private conversation, said it
- 4:55was not a formal strategy meaning, but instead an opportunity
- 4:59for the Democrats to air the frustration. Another person on
- 5:03the call, who also spoke on the condition of anonymity,
- 5:06said the topic of ousting justices was presented as something
- 5:10that had been seen on social media. This person said
- 5:13that Jeffreys did not introduce the court scrapping idea, but
- 5:17that he wanted to know if it was possible that
- 5:20was posed as a possibility. I don't think you about
- 5:23majority support in the call, Representative Robert Bobby Scott, Democrat
- 5:28from Virginia said of the proposal. Sirvell said he spoke
- 5:33with Jeffreys over the weekend and explained to the leader
- 5:36that the most productive route would be to fight hard
- 5:39for the current districts. Sirvell said two of the four
- 5:43Republican health seats that would have shifted blue under the
- 5:45new maps are pretty vulnerable under the existing map. Through
- 5:50many two seats could be viable challenges as well, particularly
- 5:54if Trump keeps pushing up gas prices by fighting an
- 5:57illegal and ill advised war and putting our economy into
- 6:01our recession. Cervell said. On Monday, Jeffreys wrote to his
- 6:06fellow Democrats that we remain undeterred despite the ruling of
- 6:11Virginia and the US Supreme Courts striking down of a
- 6:14key part of the Voting Rights Act that ensured minority representation.
- 6:19The latter decision sparked a new round of map drawing
- 6:22for Republicans seeking to eliminate majority black districts represented by Democrats.
- 6:28Democratic enthusiasm and resolve have grown more intense even after
- 6:33being aided and abetted by blatantly undemocratic court decisions that
- 6:37failed GOP majority will not be able to gerrymander themselves
- 6:41back into power, Jeffreys wrote. Representative Sue haste Ramagnian, Democrat
- 6:47from Virginia, said he was operating under the assumption that
- 6:50this year's midterm elections would play out under the same
- 6:54map of Virginia congressional districts used in twenty twenty four.
- 6:58He didn't like the idea of a voter rectum to
- 7:00redraw the Commonwealth snaps in the first place, he said,
- 7:04but said such a measure was necessary to create a
- 7:07fair political climate. These are unprecedented times, and you have
- 7:12to respond to unprecedented actions by Republicans with our own
- 7:16unprecedented actions. Supermaniam said in an interview. The only way
- 7:21will have fair elections across the country is to make
- 7:24Republicans pay the price. Scott said he was infuriated by
- 7:29the ruling of the Supreme Court of Virginia that overturned
- 7:32the redistriputing referendum, finding it full of holes. The court
- 7:36found that the General Assembly violated the state constitutional requirement
- 7:40to vote on a proposed amendment before a House of
- 7:43delicates election and again after the election. The decision said
- 7:47that the redistriputing referendum did not qualify because early voting
- 7:51had begun last year when the initial legislation was passed.
- 7:55Scott argued that the finding is out of step with
- 7:58state and federal definition of elections as occurring on election day,
- 8:02which is partly the basis for the emergency appeal filed
- 8:05Monday with the US Supreme Court, But he waved off
- 8:08the question of whether any court action might come too
- 8:12late to effect this year's elections. I'm not good at predicting,
- 8:16Scott said. My view now is I'm focused on getting elected.
- 8:22Republicans ridiculed the Democrats for their predicament, but the gloating
- 8:26sparked a backlash when Representative Jen Higgins Republican from Virginia,
- 8:31whose Virginia Beach District is one of the most vulnerable
- 8:34under the existing maps, agreed with a radio host Monday
- 8:37who told Jeffreys to quote, get your cotton picking hands
- 8:40off of Virginia. Higgins replied, that's right, I did a yes.
- 8:47Democrats immediately condemned Higgins for endorsing a phrase widely seen
- 8:51as racist, especially when applied to a black man. She
- 8:54responding on nets that the radio host should not have
- 8:57used that language and I do not and did not
- 9:00condone it, but also accused Democrats of using every line
- 9:04in distortion to distract from getting their hats handed to them.
- 9:08Justin Juvenal contributed to this report. This item is accompanied
- 9:12by a photo which is captioned A poster on the
- 9:15Virginia redistricting referendum is seen during voting on April twenty first,
- 9:20Julia de Marie Nickerson ap The photo shows the top
- 9:24of the piece of paper with the seal of the
- 9:27State of Virginia to the left and the title proposed
- 9:30amendment to be voted on at the April twenty first,
- 9:33twenty twenty six. The next got in from Today's front
- 9:36page is entitled our voice shouldn't get diluted. GOP redistricting
- 9:41splinters a Latino community in Central Florida, angering both sides
- 9:46of the isle. By Teo Armis and Clara and Zey
- 9:49Mors from Kissimi, Florida. The Saturday night crowd at a
- 9:54Mother's Day celebration in the lake Front Cities Lively Downtown,
- 9:58decorated with Puerto Rican flagh and blasting bumba music, offered
- 10:02a microcosm of the blooming congressional district in which it
- 10:05sits and is being torn apart. Two families of being
- 10:09Sangria were part of a decade ago wave of Puerto
- 10:12Ricans haiden from colder northern cities such as New York.
- 10:16Nearby at a snap table was one couple who had
- 10:19moved here from the island as it is simply known,
- 10:22in search of the steady incomes and lower electricity bills.
- 10:26The group of friends singing Carol g on karaoke mikes, meanwhile,
- 10:30had left Venezuela and Colombia more recently to rebuild their
- 10:34lives in the United States. This is Central Florida in
- 10:37the nutshell. Its one big community with people from all over,
- 10:42said Jerry Lay. Young who attended a bar during the party.
- 10:46Our voice shouldn't get to looted. Virtually everyone around him
- 10:50has been represented in Washington for the past decade by
- 10:54representing him. Darren Soto, a Democrat, the state's first Puerto
- 10:58Rican congressman in a district where Latinos were in the
- 11:01majority as in this article, is a graph entitled in
- 11:05Southern's District, new map removes Puerto Ricans and ads whites.
- 11:09Florida's new ninth Congressional district, which is plurality white, backed
- 11:14done Trump by eighteen points in twenty twenty four. The
- 11:17old district, which was majority Hispanic, back to Kamala Harris.
- 11:22The graph shows the percentage of white voters moving from
- 11:25twenty eight percent in the old district to forty four percent,
- 11:28Blacks from ten to eight percent, Asians from four to
- 11:33three percent, Hispanics from fifty four to forty one percent,
- 11:38Puerto Ricans from twenty six to seventeen percent, Venezuelans from
- 11:43seven to four percent, and Colombians from four to three percent.
- 11:48Note demographic numbers reflect twenty twenty four five year American
- 11:52Community Survey data source US Census Bureau, but under a
- 11:57new congressional map signed into law by five Florida Governor
- 12:00Ron de Santis, a Republican, last week. The growing community
- 12:04of Puerto Ricans and South Americans on displaying KISSIMI will
- 12:08be splintered across four districts. Two will continue giving Republicans
- 12:13an edge, and one farther north and Orlando will become
- 12:16even more democratic. In the ninth congressional district, which is
- 12:20held by Soto, non Hispanic white people will surpass Lapimos
- 12:24as the largest demographic group, and Republican candidates will gain
- 12:28a clear advantage in an area stretching a two hour
- 12:31drive to the Treasure Coast. It's an overhaul that is
- 12:35being seen as a racial and ethnic affront, according to
- 12:38interviews with about twenty voters across the district, and one
- 12:42that strips Puerto Ricans of their hard earned political power.
- 12:45You're not giving the voters the respect they deserve, said
- 12:48the Carlo Garcia Rosario, a former Florida GOP field organizer,
- 12:53who like other Hispanic Republicans, has decried the change, even
- 12:58as he opposes so To's policies. Dances, but give me
- 13:01a fair opportunity to vote him out, he added. Soto
- 13:06could receive a lifeline from Latinos who have rapidly moved
- 13:09into the district, turned away from President Donald Trump, and
- 13:12grown outraged by the new map. But the district's new older,
- 13:17conservative white voters, who are more likely to turn out,
- 13:20are tipping the scales against Soda. As Trump has pressured
- 13:24geop led states to redraw their congressional maps to elect
- 13:28more Republicans, and blue states have punched back with referendums
- 13:32doing the opposite. The ensuing arms race has created some
- 13:36odd geopolitical bedfellows around the country. Pockets of liberal urban
- 13:41voters in Texas and Missouri are being sliced up and
- 13:44diluted by much larger stretches of rural Republicans. New maps
- 13:49in California and Virginia cut up red hunks and overwhelmed
- 13:53them with blue areas. Virginia's referendum was struck down Friday
- 13:57by its High Court. Here in the heart of Florida's
- 14:01Puerto Rican diaspora, Desantus' new map offers a preview of
- 14:05what could be coming for the rest of the Southeast
- 14:08after the Supreme Court weakened the Voting Rights Act last month.
- 14:12From Lyon, who was tending bar and works at a
- 14:15nonprofit focused on organizing the Latino community. It is also
- 14:19an example of how that court decision unraveling and achievement
- 14:23of the civil rights movement led by African Americans can
- 14:27have ripple effects across other communities. The most dramatic shift
- 14:33in the past few decades the southern half of the
- 14:36Orlando metro area, a sprawling patch with strip malls, themed
- 14:40parts and retention ponds centered in the Naziola County, has
- 14:44seen hundreds of people move in daily beyond. A musician
- 14:49and actor who previously lived in the Puerto Rican city
- 14:52of Colmo was one of them. He settled in central
- 14:55Florida with his wife and kids just before the coronavirus
- 14:58pandemic Mo for his wife's new job. I'm Puerto Rican,
- 15:03but I embrace it here as if it's Puerto Rico,
- 15:05he said. We're here to move this country forward. As
- 15:10the community transformed, so did its congressional representation. In twenty ten,
- 15:16Florida voters banned gerrymandering in a statewide referendum, barring lawmakers
- 15:21from drawing districts to favor one political party or to
- 15:24diminish racial minority's ability to elect preferred candidates. The ninth
- 15:29district was created shortly thereafter and gave Florida its first
- 15:33Puerto Rican congressman, in Soa, who had been a state lawmaker.
- 15:38Between twenty ten and twenty twenty, it was a nation's
- 15:41fastest growing district, as nearly two hundred seventy three thousand
- 15:46residents moved in. Many were Puerto Ricans displaced by Hurricane
- 15:50Maria and economic crises in the US territory. Next in
- 15:55this article is a graph entitled Osceola County has doubled
- 15:58in size since two thousand and five. Nearly all its
- 16:01new residents are Hispanic. The county at the center of
- 16:05the ninth district has grown steadying for decades. It saw
- 16:08a spike around the pandemic, gaining nearly one hundred thousand
- 16:12residents between twenty nineteen and twenty twenty four. This is
- 16:16a line graph which shows the numbers of white voters
- 16:19staying pretty much stable, with one hundred thirteen thousand, one
- 16:22hundred ninety nine in two thousand five and one thousand,
- 16:26sixteen four hundred twenty nine in twenty twenty four. A
- 16:30number of black voters increased from nineteen thousand, seven hundred
- 16:33sixty four in two thousand and five to forty five thousand,
- 16:37one hundred sixty four in twenty twenty four. The number
- 16:41of Hispanic voters increased from eighty seven thousand, two hundred
- 16:45forty nine in two thousand and five to two hundred
- 16:49sixty nine thousand, eight hundred eighty five in twenty twenty four.
- 16:53There were eight thousand, nine hundred twenty three other voters
- 16:57in two thousand five and thirty six thousand, five hundred
- 17:02eighty other voters in twenty twenty four. Source U S
- 17:07SENTUS Bureau Clara Ansmors the Washington Post. Late last month,
- 17:12Dessensus put forth a new map that he said was
- 17:15necessary to account for the state's explosive growth since twenty twenty.
- 17:19Republicans currently hold twenty of the states twenty eight congressional districts,
- 17:24but the new map gives them an edge in an
- 17:26additional four districts represented by Democrats. Suta's district has undergone
- 17:31one of the starkest demographic shifts of those targeted. The
- 17:35non Hispanic white population shoots up from twenty eight percent
- 17:39to forty four percent. The overall Haspanic population meanwhile, drops
- 17:44from about fifty four to forty one percent, with Puerto
- 17:47Ricans falling from twenty six to seventeen percent. I still
- 17:52have a lotted my fellow Borbicios in the community, but
- 17:55it quite deliberately breaks the community apart, Soa said in
- 17:58an interview. Nexts in this article is a graph entitled
- 18:03Across America, Puerto Ricans lean more Democratic than other Hisspetic voters.
- 18:08In twenty twenty four, Puerto Rican voters backed upon the
- 18:11Harris by a thirty four percentage point margin, outpacing support
- 18:15from other Hispanic voters. The graph shows the change in
- 18:19the ethnic groups sway towards one part of the other.
- 18:23White voters were more Republican by thirteen percentage points total,
- 18:27Hispanic voters were more democratic by nine percentage points. Puerto
- 18:32Rican voters were more democratic by thirty four percentage points,
- 18:36and black voters were more democratic by sixty four percentage points.
- 18:41Note Puerto Rican voters include those who reported any Puerto
- 18:44Rican heritage, including in combination with other ethnicities. Black and
- 18:49white voters are non Hispanic source co Operative Election Survey.
- 18:54Civil rights advocates have filed losses challenging the legality of
- 18:58the new map under Florida's district's amendment. Desantos, however, is
- 19:03betting that the voter approved rules will be struck down
- 19:06entirely by state judges. He is largely appointed an uphill
- 19:10battle over Kisiko pastries at a Puerto Rican bakery in Kisumi.
- 19:15Seldom signaled he would stay in the race either way.
- 19:19It will be either fighting DeSantis in the courthouse or
- 19:22at the ballot box. He said, elisted and fisheries of
- 19:26federal funding is help secure as a congressman, a semiconductor project,
- 19:31new rail lines, and airport expansion that he says will
- 19:35help draw swing voters or infrequent voters in this tough
- 19:38but winnable reshaped district. Some GOP leaders have assumed that
- 19:43a Republican will win the redrawn district because Trump won
- 19:47majority of Hispanic Osceola in twenty twenty four, the first
- 19:51GOP presidential candidate to do so in more than three decades.
- 19:56Counties with large numbers of Hispanic voters have shifted sharply
- 20:00right over the past decade, along with the rest of Florida.
- 20:04Nets In this articles, a graph entitled Florida's most Hispanic
- 20:08counties shifted right along with its widest ones. Between twenty
- 20:13twelve and twenty twenty four, Florida counties with at least
- 20:16twenty five percent Hispanic residents shifted fifteen points right, moving
- 20:20in staff with counties across the state. This is a
- 20:24line graph that shows that counties with less than ten
- 20:27percent Hispanic population shifted more Republican by thirty four points,
- 20:33Counties with ten to twenty five percent Hispanic voters shifted
- 20:37more Republican by thirteen points, and counties that are more
- 20:41than twenty five percent Hispanic shifted more Democratic by seven percent.
- 20:46Ethnicity data reflects five year acs for each county in
- 20:50each year. Source US Census Bureau. Dave Leaf's election atlas.
- 20:55But Soto said that Latinos drawn to Trump's economic message
- 20:58are shifting back to the Democratic Party. They are hampered
- 21:02by rising costs for gas and groceries, upset over the
- 21:05war in Iran, and disturbed by mass deportations, sowing fear
- 21:09among their friends, neighbors, and relatives, he added. Dave Wasserman,
- 21:14senior editor at the non partisan Cook Political Report, said
- 21:18the math of the new district may be a barrier
- 21:20too tall for Soto to overcome the new ninth district
- 21:24Lufsen younger Puerto Rican and other Latino voters with more
- 21:28conservative white retarees on the Treasure Coast. A victory is
- 21:33still very far fetched, given that this district is now
- 21:36about as Republican as Campus, Wasserman said, even if mounting
- 21:40frustration with Trump and the GOP could give Soto some
- 21:44limited pass to victory, the best funded candidate seeking the
- 21:48GOP nomination for the ninth district is a real estate
- 21:52developer who is largely paying for his own campaign. More
- 21:55candidates appear likely to emerge from the coastal area in
- 21:59and around Vera Beach. Osciola County Republican Party chairge Old
- 22:04Davis said he believes Soto, whom he described as well
- 22:07liked and well known in the county, could win even
- 22:10with new lines. David's wife state represented the Polystark, a
- 22:14Republican one in an Ostiolo district that heavily favors Democrats.
- 22:19If you have a better Republican candidate, they're going to
- 22:22get elected. If you have a better Democratic candidate, they're
- 22:25going to get elected. Davis said, if we don't run
- 22:28a decent candidate. We're not going to beat Soto anyway.
- 22:32Previous predictions about an influx of Puerto Ricans turning Florida
- 22:36blue did not pan out yet in the much smaller
- 22:39geographic area, Puerto Ricans outraged by the district's shattering are
- 22:43motivated to vote, Soto said. He pointed to a bold
- 22:47face headline in the local Spanish language paper Puerto Rican
- 22:51district in danger after electoral redesign deserve to have representation.
- 22:57Days after Dessanta's proposed redistricting, it was already being used
- 23:01as a democratic talking point, as volunteers met in an
- 23:04Orlando location of the same Puerto Rican bakery to knock
- 23:08on doors for down valid candidates. This over a million
- 23:12Hispanics in Central Florida who deserved to have representation in
- 23:15Washington because it leads to actual changes on the ground,
- 23:19Samuel Vilchell Santiago of Venezuelan American running for a state
- 23:24House seat that overlaps with the ninth district, told the
- 23:27group subtle helped the US territory, which does not have
- 23:31a voting representative in Congress, secure billions of aid following
- 23:35Hurricane Maria. And push for Aziola County to receive federal
- 23:39investment to help keep up with its rapid growth. The
- 23:43redistricting effort that threatened this representation, he said, was like
- 23:47the corruption endemic in some Latin American countries. We have
- 23:51a critical opportunity to push back, Littlechel Santiago said, inside
- 23:57a gated community of gray and white stupp of houses
- 23:59and suls out East Orlando. That message seemed to resonate
- 24:03with Mari Reez, a consultant and naturalized citizen from Venezuela.
- 24:07She volunteered for Hillary Clinton's twenty sixteen presidential campaign, but
- 24:12then voted for Trump in twenty twenty and twenty twenty
- 24:14four in part because of his promise to oust Venezuelan
- 24:18president Nuguelasma Doo. She was happy he made good on
- 24:22that promise, but his immigration policies frayed her support. One
- 24:26of her neighbors, a Venezuelan who had received humanitarian parole,
- 24:30had a panic attack and died after police stopped him
- 24:34for a broken tailight while he was driving for Uber.
- 24:37The new maps splitting apart the area were like salt
- 24:40in the wound. Things have been going way too far,
- 24:43she said, The day after the Mother's Day celebration in Cassimi,
- 24:48Millan met friends in La Verguenza, a Puerto Nathan Cinchora
- 24:53in Orlando that's meant to resemble a sister restaurant in
- 24:56old San Juan. He and Rolando Rodriguez forty six, sat
- 25:01at the bar, nursing three of years and picking up
- 25:04plates of chicken wings and French fries as a new
- 25:07map came up in conversation. Rodriquez hasn't got it since
- 25:11moving home Puerto Rico, and he said he is skeptical
- 25:14about politics on the U. S mainland from the Yan
- 25:17emphasized at the community. Their community was being torn apart.
- 25:22It just seems like a wrong thing to be doing, Leon,
- 25:25said Morse, reported from Washington. This item is accompanied by photos.
- 25:32The first is captured Omar Jose Saldana, who goes by Omi,
- 25:36shows off his work after cutting and coloring the hair
- 25:39of five year old Yalio Medina, who is a Puerto
- 25:42Rican themed cape at MCO Exclusive barbers in Kissimi, Florida.
- 25:47Photos by Thomas Simonetti for The Washington Post. The next
- 25:51photo is captured people gathered for a Bridgitton themed birthday
- 25:55party in downtown Kissimi. The photo shows a group of
- 25:59women in dresses which resemble nineteenth century dresses, and a
- 26:04gentleman in a long coat trimmed with gold frog braiding.
- 26:08The next photo is captioned a mural and Kissimi pays
- 26:11tribute to Florida wildlife. The mural includes representations of an alligator, birds,
- 26:17and a red fox. The next photo is captioned live
- 26:22music at La Baguenza and Orlando. The restaurant is popular
- 26:26in its heably Puerto Rican part of town. The photo
- 26:30shows a man playing a fiddle a restaurant with brightly
- 26:33painted walls, tables, and chairs. The next photo is captioned
- 26:39Sharing the Young works at a nonprofit focused on organizing
- 26:42the Latino community. The next photo is captured people walk
- 26:46along Lake Topicalida at Kissimi Lakefront Park. Next a photo
- 26:52caption representative Darren soutto a Democrat at Cafe Barista in Kissimi.
- 26:57The next photo is captained Puerto Rican pastries at Tino's
- 27:00Bakery in Orlando. Next a photos captioned diners at Taino's.
- 27:06The next fellow is captured Democratic volunteers pose in Orlando
- 27:11with Samuel Vilchel Santiago, a candidate for the Florida House,
- 27:15and Gloria Rena O'Neill, running for the Orange County school Board.
- 27:20The photo shows a group of people, The majority of
- 27:22them are wearing dark blue T shirts which read Seminel
- 27:26Vilcha's Santiago. The next photo is captured Democratic campaign literature
- 27:31in Orlando. The photo shows groups of brochures, but they
- 27:35are not quite legible in the photo. The next fellow
- 27:40is captured may reyas speaks with Santiago. The next item
- 27:45from today's front page is entitled a turf battle over
- 27:49AI control quote knife fight splits administration, spy agencies vive
- 27:55for more sway than commerce by kat Zakreski, Alan Lackish
- 28:01and Nutashka Tiku. As President Donald Trump prepares to travel
- 28:05to a summit in China, his administration is sharply split
- 28:09over a plan to give less intelligence agencies a bigger
- 28:13role in evaluating AI models. According to two people familiar
- 28:17with the matter, who spoke on the condition of anonymity
- 28:19to discuss the proposal that is not yet public, Trump
- 28:23could sign an executive order addressing AI security as soon
- 28:26as Monday, but the administration's response to new advanced AI
- 28:31models remains in flux and the topic of extensive debate,
- 28:35According to multiple people with knowledge of the conversations. The
- 28:39debate within the administration Pitts Conner's Department officials against National
- 28:44Security aids in a battle which one person described as
- 28:47a nice sight to determine which part of the government
- 28:50will have sway over technology that silicon value leaders say
- 28:55can transform the economy. The debate has taken on greater
- 28:59urgency as Trump prepares for his meeting with Chinese President
- 29:02Jijin Ping and hiss U s companies braves for Chinese
- 29:06competitors to release models with capabilities similar to Anthropics, Mythos,
- 29:11and other advanced artificial intelligence models. The White House in
- 29:16recent weeks has grappled with new cybersecurity threads posed by
- 29:21Mythos and similarly advanced models. Anthropic has said that Mythos
- 29:25is more effective than humans at identifying vulnerabilities in software,
- 29:30creating widespread concerns that it could be used by even
- 29:34inexperienced hackers to launch complex attacks on the energy gride,
- 29:39banks and government agencies. In response, the White House's Office
- 29:44of the National Cyber Director has proposed developing a large
- 29:48center within the Office of the Director of National Intelligence
- 29:52that would evaluate new AI models, giving intelligence agencies a
- 29:56significant new role in AI policy. That proposal has faced
- 30:01opposition from officials as a Commerce Department which houses an
- 30:05AI center that evaluates new models through voluntary agreements with companies.
- 30:09According to some of the people who spoke to The
- 30:12Washington Post, there is no daylight between the Department of
- 30:16Commerce and this administration on AI policy. The Department said
- 30:20in a statement to the Post, from export controls to
- 30:23the AI Exports Program, we are laser focused on ensuring
- 30:27American leadership. The odn I referred inquiries to the White House.
- 30:32The Commerce Department's AI Center has built an evaluation system
- 30:36and hired AI experts with advanced degrees, said one person,
- 30:41and some in the agency have argued that infrastructure makes
- 30:44the agency better positioned to lead on testing, but the
- 30:48intelligence community has a deep bench of technical personnel with
- 30:52cybersecurity and AI expertise. The Commerce Department, especially under Trump,
- 30:58has promoted a pro industry strategy as it tries to
- 31:02ensure that American companies can remain competitive with China. Shifting
- 31:07testing to the intelligence community could lead to greater scrutiny
- 31:10of the cybersecurity and national security risks that new AI
- 31:14models present and thropics announcement that Mythos has forced some
- 31:19in the administration to reevaluate the lazy fare approach they
- 31:23have taken toward AI regulation, which included rolling back many
- 31:27of the measures President Joe Biden's administration put in place
- 31:31to oversee AI development. They're relitigating everything on AI policy
- 31:36right now, said Chris Maguire, senior fellow as a Council
- 31:40on Foreign Relations and a Senior Technology Policy aid of
- 31:44the National Security Council during the Biden administration. Is it
- 31:49voluntary testing, mandatory testing, voluntary limits on what's released, mandatory limits.
- 31:55The White House continues to engage across the government and industry,
- 31:59and top administration officials are discussing approaches with frontier labs,
- 32:04said a White House official who spoke on the conditioner
- 32:07nanimity to describe the private deliberations. Any policy announcement will
- 32:12come directly from the president, the official said. Discussion about
- 32:16potential executive orders is speculation. In a sign of the tension,
- 32:21the Commerce Department's Center for AI Standards and Innovation on
- 32:25Friday took down the website the announced the agency's new
- 32:28partnership to test models from Microsoft, Google, and Xai. The
- 32:33website was removed because of sensitivity within the White House's
- 32:36Office of the National Cyber Director. According to two people
- 32:40familiar with the decision. As of Monday morning, the website
- 32:44was still down. Oops, that's not standard, said the website
- 32:48air page. The page you requested cannot be found at
- 32:51this time and may be temporarily unavailable, or it may
- 32:55have been removed or relocated. The announcement previously said the
- 33:00center would conduct pre deployment evaluations and target research to
- 33:04better assess frontier AI capabilities and advance the state of
- 33:08AI security. Under Biden's AI Executive Order, AI developers were
- 33:14required to notify the government when they were building advanced
- 33:18models and share the results of testing with the Commerce Department.
- 33:22The Biden administration also established the USAI Safety Institute under
- 33:27Commerce's National Institute of Standards and Technology, which was part
- 33:31of a global network of centers that evaluated AARON models.
- 33:35In assign of the new administration's shift, Trump removed Safety
- 33:39from the agency's name and rebranded it as the Center
- 33:43for AI Standards and Innovation. Administration officials had been divided
- 33:48over whether evaluations of AI models should be mandatory or
- 33:52whether companies could participate on a voluntary basis as they
- 33:56do now. With the Center for AI Standards and Innovation
- 34:00very much a topic of active debate, said a person
- 34:03familiar with the matter. There are those in the intelligence
- 34:06community and elsewhere who think it needs to be mandatory.
- 34:11The form that evaluations would take if mandatory is unclear,
- 34:15the person said. Among the open questions is whether the
- 34:19administration should pursue a legal mechanism or just strong arm
- 34:23companies the same way they do on other things. Commissur's
- 34:28CAISI has a documented record of vetting large language models,
- 34:33the technology powering chat, DBT and lithos. Earlier this month,
- 34:38the center published is the evaluation of the latest version
- 34:41of deep C, an AI model developed by a Chinese
- 34:45startup that sent us tech Stok's tumbling in a debuted
- 34:48in January twenty twenty five. In December, CIISI published an
- 34:54evaluation of another AI model from the Chinese startup Moonshot Ai.
- 34:59During the Bike administration, the center also published evaluations of
- 35:03cutting edge AI models from Anthropic and Open Ai before
- 35:07they were deployed. In recent weeks, White House officials have
- 35:11put out mixed messages as they consider a reset on
- 35:15the AI policies. National Economic Council Director Kevin Hassett last
- 35:20week suggested that the administration would evaluate new AI models
- 35:25the way the Food and Drug Administration tests new drugs,
- 35:28so that they were released to the wild after they've
- 35:31been proven safe has Its comments sparked widespread consternation in
- 35:36the industry as they appeared to be a complete reversal
- 35:39of the Trump administration's approach to AI regulation. Within hours,
- 35:44White House Chief of Staff Susie Wilds, who seldom the
- 35:47post on social media, said on x that the president
- 35:51was not in the business of picking winners and losers.
- 35:55Tom Silicon Valley allies sought to cast Wilde's tweet as
- 35:59a rejection of the FDA model. David Sachs, who previously
- 36:03served as a White House's AIS are and remained active
- 36:07in discussions about how the administration should respond to AI advances,
- 36:11set on the All In podcast, which is widely followed
- 36:15in Silicon Valley, that no senior administration officials facts having
- 36:20an FDA for AR models. Sachs called it imperative to
- 36:24get advanced AI models into the hands of cybersecurity companies
- 36:29to help businesses and the government prepare for the public
- 36:33release of Mythos and other advanced models later this year.
- 36:37He rejected calls for the government to approve the release
- 36:40of AI models, saying that companies are already acting sensibly.
- 36:46Both Anthropic and Open AI acted responsibly here. No one
- 36:50is trying to release these super powerful models, he said
- 36:53on the podcast, referring to the chet GPT maker. In
- 36:57a way, all these people who are saying we need
- 37:00pre release approvals for models, they're trying to solve a
- 37:03problem that didn't exist. What they're trying to do is
- 37:07use the issue to create a permanent new infrastructure in Washington,
- 37:11he added, calling it the classic never let a crisis
- 37:15go to waste strategy. This article is accompanied by a
- 37:18photo captioned David Sachs's former White House AIS are remains
- 37:23active in discussions about how the administration should respond to
- 37:27AI advances. The photo appears to be taken in the
- 37:30White House and shows mister Sachs surrounded by two other
- 37:34men who are not named. The photo is by Debin
- 37:37Botsford of The Washington Post. The next start in for
- 37:41today's from pages entitled Trump seeks to suspend gas tax
- 37:45amid soaring prices Isaac Arnsdorf. President Donald Trump said he
- 37:50will suspend the federal gas tax for an unspecified period
- 37:54as Iran work continues to push pump prices higher and
- 37:58weigh on his popularity. The measure would require congressional approval.
- 38:03It's a small percentage, but it's you know, it's so money,
- 38:06Trump told reporters in the Oval Office on Monday. As
- 38:10soon as this is over with a run, as soon
- 38:12as it's over, you're going to see gasoline and oil
- 38:15dropped like a rock. Federal taxes amount to eighteen point
- 38:19three cents per gallon of gasoline and twenty four point
- 38:22three cents per gallon of diesel, A suggestion reflects Trump's
- 38:26limited options to address surging gas prices, as negotiations to
- 38:30end the war remains stuck with no immediate way to
- 38:33reopen key shipping lanes. Higher prices have contributed to Trump's
- 38:38declining approval ratings ahead of November's midterm elections. The national
- 38:43average hit four dollars forty five point two cents last week,
- 38:47the highest since twenty twenty two, according to the U
- 38:50S Energy Information Administration. Almost two thirds of Americans disapprove
- 38:55of Trump's handling of the economy, the highest level in
- 38:58either of his terms, according to a Washington Post a
- 39:02b C News if so's poll conducted in late April.
- 39:06Gasoline prices have spiked since the United States and Israel
- 39:09attacked Ran on February twenty eighth, leaving the country to
- 39:13block oil tankers leaving the Persian Gulf through the Strait
- 39:16of Hormones. The U. S And Iran traded attacks on
- 39:20ships in the strait last week despite the ceasfire, and
- 39:24Trump appeared frustrated Monday with a lack of progress in
- 39:27negotiations to end the conflict. The Sea Spire is on
- 39:31massive life support, where the doctor walks in and says, Sir,
- 39:34your loved one has approximately a one percent chance of living,
- 39:37Trump said, taking questions at an event about maternal health care.
- 39:42He also deprecated Iran's latest negotiating offer after reading a
- 39:47piece of garbage in scentives, I didn't even finish reading it,
- 39:50I said, I'm not going to waste my time reading it.
- 39:54Trump compared the economic cost of fighting Iran to taking
- 39:57a bullet for the good of the country. He said
- 40:00that Iranian negotiators agreed to his demand to never have
- 40:03a nuclear weapon and give up auther Niterranian, but then
- 40:07presenting a written proposal that he deemed unacceptable. He attributed
- 40:11what he said was a discrepancy to tensions between Ranian
- 40:15moderates and hardliners, whom he turned lunatics. They agree with us,
- 40:20and then they take it back, he said, they change
- 40:23our mind. They're very dishonorable people. Still, he said he
- 40:27believed a diplomatic solution was possible. He said he expected
- 40:31to discuss the situation with Chinese President Jijin Ping drank
- 40:35his Vivid to Beijing letter this week, pointing out that
- 40:39China is more dependent on Gulf wealth suppliers than the
- 40:42United States. I have a plan, Trump said. The plan
- 40:46is very simple. You know, in Wark you have to change,
- 40:50you have to be flexible. You have a lot of plans,
- 40:53but you have to do different plans on different days.
- 40:56But I have a great plan. The plan is they
- 40:59cannot have a nuclear weapon, and they didn't say that
- 41:02in their letter. The federal gas tax pays into the
- 41:06Highway Trust Fund, which pays for improvements to roads and
- 41:09public transportation. Congress has been outspending the fund's growth, and
- 41:14the Congressional Budget Office predicts it will run out of
- 41:17money by twenty twenty eight. Suspending the gas tax for
- 41:21five months would cost the fund about seventeen billion dollars,
- 41:25according to the Bipartisan Policy Center. Passing the savings under
- 41:29drivers rather than oil companies would be difficult to enforce.
- 41:33According to the Congressional Research Service, the federal tax is
- 41:37collected at the terminal or refinery, not at the pump.
- 41:41The government would have to estimate what prices would have
- 41:44been without the tax suspension, but gas prices depend on
- 41:48many other factors. Savings would also vary dramatically by region,
- 41:53driving habits, and vehicle type. Administration are ready took steps
- 41:57to relave prices, including relea oil reserves, lifting restrictions on
- 42:02ship's moving fuel between US ports, even pollution rules regarding ethanol,
- 42:07and temporarily waiving sanctions on Russian oil. Congress has never
- 42:12suspended the gas tax. Republicans, including Senator Josh Holly of
- 42:16Missouri and Representative Annapolina Luna of Florida, sat on Monday
- 42:21that they would introduce bills to do so. Democrats, including
- 42:25Senators Mark Kelly of Arizona and Richard Woomenthal of Connecticut,
- 42:29and Representative Chris Poppas of New Hampshire already had proposals
- 42:34that would suspend the gas tax and offset the losses
- 42:37to the Highway Trust Fund with general funding, adding to
- 42:40the budget deficit. In twenty twenty two, President Joe Biden
- 42:44asked Congress to suspend the gas tax for three months.
- 42:48The Democratic controlled Congress took no action. Carl Zakruski contributed
- 42:53to this report. Sidon was accompanied by a Futo captioned
- 42:57A customer pumps gas into his car at a sh
- 43:00Ervon station on May fourth in Los Angeles by Justin
- 43:03Sullivan's Getting Images. The next item is entitled as US
- 43:08weapons stocks dwindle, Allies take Note Europeans worry about the
- 43:13Iran War's impact on program to Armed Ukraine by Noah
- 43:18Robertson and Ellen Francis. US allies in Europe are increasingly
- 43:23concerned about a signature Trump administration program to armed Ukraine
- 43:28as the Iran war depletes American stocks, and some countries
- 43:32question how the Pentagon is spending the funds. According to
- 43:36ten diplomats, officials, and progressional aids. A key issue is
- 43:41a lengthy delay in American weapons sales caused by the
- 43:44war in Iran, where the US military has rapidly burned
- 43:48through its stores or precision weaponry during the joint campaign
- 43:51with Israel. The Trump administration has not diverted equipment pledged
- 43:56to Ukraine since launching the attack on Iran, officials said,
- 44:00but European officials are growing concerned that US weapons shortages,
- 44:04which are already impacting their own orders, could also lead
- 44:08to delays from Ukraine. European nations. Ukraine's chief backers purchase
- 44:13US arms for Kiv under an initiative called the Prioritized
- 44:17Ukraine Requirements List or PEARL, which is broker by NIO
- 44:21last summer. The deal was intended to ensure the flow
- 44:24of weaponry that only the Pentagon could provide, such as
- 44:28air defense interceptors to shield Ukrainian cities from Russian strikes.
- 44:33It also offered a political win to President Donald Trump,
- 44:37who is pledged not to spend US tax peremony on Ukraine.
- 44:41But in recent months some European capitals have grown more
- 44:45skeptical about the program, with some even hesitant to pledge.
- 44:49NU Khans, the people said, speaking on the condition of
- 44:52anonymity to discuss private concerns, Europeans are hesitating because there
- 44:57is growing mistrust and lack of certainty on what will
- 45:01happen with the money as the Iran war drags on.
- 45:04One European official self, there have been contributions to Pearl,
- 45:09but not too many. The Trump administration for the past
- 45:12year has also pressured European capitals to buy US weapons
- 45:16for their own defense. As Meadow countries rushed to increase
- 45:20military spending, but faced with the Midish Pentagon stocktiles, allies
- 45:26from Europe to East Asia now expect to wait years
- 45:29to receive equipment they already purchased. The people said. The
- 45:34concerns about weapons deliveries have mounted as a rift deference
- 45:38between Washington and its long time European allies. Trump has
- 45:43paruaded European leaders for hesitating to endorse the US war
- 45:46against Iran that is convulsion the Middle East and straining
- 45:50the global economy. This month, following German Chancellor of Frigate
- 45:54Medic's comments that Washington was being humiliated by Taiwan, the
- 45:59Pentagon announced would withdraw five thousand troops from Germany. Trump
- 46:03has suggested that more reductions could come, including in Spain
- 46:07and Italy, while the Pentagon has weighed rerouting orders to
- 46:11the Middle East. A senior Pentagon and NATO official reassured
- 46:15a gathering of keyspackers in April that deliveries to Ukraine
- 46:19through Pearl would continue as planned, according to two European officials.
- 46:25In response to questions, NATO did not comment on concerns
- 46:29about Pearl funds. A NATO official said nations have allocated
- 46:33over five point five billion dollars to the initiative. The
- 46:37officials said allies continued to contribute to PEARL, including recent
- 46:42pledges from Norway and Canada, adding that urgently needed US
- 46:46weaponry paid for by allies, continues to flow into Ukraine
- 46:51and make a real difference on the battlefield. The sense
- 46:55of distrust around Pearl has grown as participant countries have
- 47:00raised questions about how the Pentagon is using some of
- 47:03the funds. The Washington Post reported in March that the
- 47:07Pentagon had notified Congress a plan to use seven hundred
- 47:11and fifty million dollars provided through PEARL to restock US inventories.
- 47:17That sum would help backfill equipment provided to Ukraine during
- 47:21the Biden administration rather than send additional assistance, multiple officials said.
- 47:27Officials on both sides of the Atlantic question whether using
- 47:30the money this way violated the expectations of the Europeans
- 47:34that all their funds would go to Kiev. This is
- 47:37a program that should be one for one a dollar
- 47:40in a dollar of new capabilities out to Europe. A
- 47:44set of aide, said a senior Pentagon official, speaking on
- 47:48the condition of anonymity under terms set by the Defense Department,
- 47:52did not dispute that the administration had used some of
- 47:55the funding to refill its own stocks. The official, though,
- 47:59framed the conversations about supporting Ukraine with NATO allies as
- 48:03an invitation for Europe to grow its industrial capacity. Several officials,
- 48:08including some critical of the arrangement, acknowledged that Pearl has
- 48:12helped provide valuable US weaponry to Ukraine in the fifth
- 48:16year of Russia's full scale invasion. Several European diplomats also
- 48:21signaled that their countries continue to support the initiative, which
- 48:25received funds from allies including Germany, the Netherlands, and Estonia.
- 48:30Others such as France and Italy have instead supplied direct
- 48:34aid and European weapons to Ukraine separately from peerl The
- 48:39list of weapons and capabilities available for purchase through the program,
- 48:42the Pentagon officials said, is coordinated with Ukraine, US European
- 48:47Command and senior leaders inside the Defense Department who assess
- 48:52the potential risks to America's own military readiness. That list
- 48:56includes weaponry coming off production lines in the U S
- 48:59defense industry street and equipment already in the military's inventories.
- 49:04The point is that these decisions can be made in
- 49:07an informed, deliberate manner, said the Pentagon official. That is
- 49:11what this process enables. The Pentagon declined a comment on
- 49:16specific capabilities being made available through the program. Still, the
- 49:20equipment being provided through Pearl falls short of the highest
- 49:24end capabilities that Kiev has requested. Multiple people said Ukraine
- 49:30is almost completely out of Pack three interceptors for the
- 49:33Patriot Air Defense System save for a scarce view rationed
- 49:37around the country official set. Earlier this year, the Trump
- 49:41administration pushed several European countries to send Ukraine their own
- 49:46stores of Patriot missiles, though some declined due to concerns
- 49:50that doing so would hobble their own defenses, two people
- 49:54familiar with the private discussion said NATO said Pearl has
- 49:59supplied most of the missiles for Ukraine's Patriot batteries, including
- 50:03Pac three, and the ammunition for other air defense systems.
- 50:08Pablo polisa deputy head of Ukraine's Presidential office, said some
- 50:13Pearl shipments were delivered with delays because of the war
- 50:17against Iran, but that Kiev has received assurances from our
- 50:21partners that this is temporary and limited. In written comments,
- 50:26Police has said the initiative focuses on air defenses, although
- 50:31of course the needs of the front are always greater
- 50:33than what is available. This is the reality of any
- 50:37large scale war, he said. Ukraine, he said, is grateful
- 50:41to the US for supporting Pearl and that the coordination
- 50:45helps speed up decisions. The pen Artificial confirmed that multiple
- 50:50allies contacted the Defense Department to confirm that contributions to
- 50:54Pearl were not being diverted to support US military operations
- 50:58in the Middle East. We basically ran the traps and
- 51:02were able to confirm to Congress that we are very
- 51:05very strictly operating within the bounds of statute, which does
- 51:09provide latitude to backfill stocks that are sent to Ukraine,
- 51:13the Pedipon official said. A European diplomat said the questions
- 51:18about Pearl funds have influenced ongoing debate among Europeans about
- 51:23how much American weaponry they should buy. It makes it
- 51:27harder to advocate for keeping the door open to US
- 51:29weapons as Europe mobilizes funds to rearm, the diplomat said. Meanwhile,
- 51:35depends on his face scrutiny from lawmakers in both parties.
- 51:39In recent weeks the press Defense Secretary Pete headset to
- 51:43explain why the administration has in spent the four hundred
- 51:47million dollars Congress passed this year for a separate program
- 51:51that supplies Ukraine with American built weaponry. Under questioning from
- 51:55Senator Jeanine Shaheen, Democrats from New Hampshire at a late aprilheermon,
- 52:00Heiset did not commit to using the money as Congress
- 52:03had intended. Ultimately, Europe pays for any weapons that we provide,
- 52:08Heysinth said. David L. Stern and A. Nastasia Kalushka with
- 52:12contributed to this report. This item is accompanied by photos.
- 52:17The first is captioned did Residence stands at the side
- 52:21of an apartment building hit by Russian drone strike in Odessa, Ukraine,
- 52:26on April twenty fourth. Ninelia Schnook Reuters. The photo shows
- 52:31an older gentleman standing amidst piles of rubble. The next
- 52:36photo is captioned German Chancellor Fredich Klerks meets with President
- 52:41Donald Trump in the Oval Office on March third, Jonathan Urged, Reuters.
- 52:46The photo shows the two gentlemen seated in arm chairs,
- 52:49leaning towards each other. The next photo is captured German
- 52:54soldiers fire the Patriot Weapons system at the NATO Missile
- 52:58Firing Installation Shania, Greece on November eighth, twenty seventeen. Sebastian
- 53:04of pell Us Department of Defense ap and. The final
- 53:08item for today's front page is entitled new Target ceo
- 53:12tries to bring back its retail magic by Todd C. Frankel.
- 53:18Target CEO Michael Fidelki was just a month into the
- 53:21job when he stood on stage in March hoping to
- 53:25win people over with his plan to revive the troubled
- 53:28retail giant. But he wasn't an outsider with a bold
- 53:32vision for fixing the problems. Fidelki, fifty had worked at
- 53:36Target for two decades before sending to the role of
- 53:40ultimate responsibility. He'd been part of top management when Target
- 53:45lost its brand magic, when sales slumped and the stock
- 53:49price fell thirty percent over five years, even as competitors sold.
- 53:55His pitch during the annual Ernie's presentation held at the
- 53:58company's headquarters. In minute, Applis was that he understood Target.
- 54:03He'd started out at the big box screed tailor as
- 54:05a summer intern in two thousand and three. While wrapping
- 54:09up his MBA, he knew quote, when Target is at
- 54:13its best, what that's looked like. He acknowledged that shoppers
- 54:17had grown disappointed and that it would take time to
- 54:20renew their trust in categories such as home goods or
- 54:23Target used to be strong and a pacesetter. To analysts,
- 54:28it was a tough sell the idea that an insider
- 54:31like Fidelky could bring back Target's glory days when customers
- 54:35marveled over stylish View products like the spinning Whistle tea
- 54:39kettle and delighted in adopting a full French accent to
- 54:42exclaim targe. Michael Baker, and analyst with DA Davidson and Company,
- 54:49didn't sugarcoat his doubt. One criticism maybe is that it's
- 54:54the same management team. You know. I think at some
- 54:57point some investors wanted people from the outset, he said,
- 55:01when it was time to ask questions of Target's leadership
- 55:04at the Minneapolis event, I mean it's the same faces,
- 55:08new strategies. Baker continued, what happened to all of a
- 55:12sudden realized, Oh, we need to do something different. That
- 55:16skepticism is shared by Mark A. Cullen, a past director
- 55:20of retail Studies at Columbia University and former top executive
- 55:25for Sears and other major retailers. Target went to hell,
- 55:29and he has to be guilty of some of that.
- 55:31Collen said, I had this enormous cynicism for people who
- 55:36are part of the train wreck who are now being
- 55:38called upon to fix the business. Many shoppers say Target
- 55:43has lost its way. They complain about messy stores, long
- 55:47checkout lines, and a lack of stylish new products. Targets
- 55:51turnaround will be challenging, Collen said, because they need to
- 55:56get their mojo back. Target and Fidelty declined to come
- 55:59in ahead of the retailer's next earnings presentation in late May,
- 56:03and pointed to the CEO's previous public comments. When hunting
- 56:08for a new CEO, most companies tap it insider. That's
- 56:12what happened seventy to eighty percent of the time when
- 56:15a company listed in the S and P five hundred
- 56:18needed a new leader from twenty eighteen to twenty twenty four,
- 56:22According to a Conference Board report, troubled companies, though, often
- 56:27turned to outsiders to reverse sagging fortunes. The Conference Board
- 56:32found that firms with declining performance were more likely to
- 56:35hire externally. In twenty twenty three, outside of CEOs took
- 56:40the reins at companies that posted an average eight percent
- 56:44loss in the prior year's total shareholder return, compared with
- 56:48a two percent rise of companies with internal hires. An
- 56:53outsider offers the promise of a fresh face without the
- 56:56baggage of past failures. Some executives get the job based
- 57:01on a winning record at another company. Some make careers
- 57:05out of it, specializing as corporate turnaround artists, but there's
- 57:10no promise it will work. A study by an executive
- 57:13search consulting firm found no clear performance advantage between insiders
- 57:18and outsiders. Another study by two business professors reported that
- 57:24empirical results on the consequences of the decision to hire
- 57:27a new CEO externally are mixed, and corporate history is
- 57:32littered with colorful examples of outside CEOs making bad problems worse.
- 57:39Any new CEO, insider or outsider promising a dramatic turnaround
- 57:45comes with risks. That's evident just looking at the trajectories
- 57:49of some prominent Target loans. Mark Treaton was recruited from
- 57:54Target in twenty nineteen to take over struggling Bed, Bath
- 57:58and Beyond, where he cleaned up the out of aisles
- 58:00and scale back on the coupons that define the home
- 58:03goods chain. Customers hated it, Sales plunged, the stock price
- 58:09was down about sixty percent by the time Tritton departed
- 58:13in twenty twenty two. B B and B, as it
- 58:15was known, went bankrupt the next year. Due to the
- 58:19constraints of time, we will be unable to complete this item.
- 58:22This concludes a reading of the Washington Post for today, Tuesday,
- 58:26May twelfth, twenty twenty six. Your reader has been Cindy Fraser.
- 58:30If you have any questions, comments, or suggestions concerning this program,
- 58:34please feel free to call us at A five nine
- 58:37four two two six three nine zero, Thank you for listening,
- 58:41and now please stay tuned for continued programming on Radio
- 58:44I